Miami Dolphins are in advanced talks to sell minority stake in team to Ares Management, billionaire Joe Tsai Getty Images The Miami Dolphins are in advanced talks to sell a minority stake in the team to private equity firm Ares Management and billionaire Joe Tsai, CNBC has learned, highlighting the growing trend of owners looking … Read more
Thomas Wilson prepares to hit a shot from Ross Whittaker and Christopher Haworth during the first round of the Pro Mens Doubles at the 2023 BioFreeze USA Pickleball National Championships held at the Brookhaven Country Club on November 8, 2023 in Dallas, Texas. Bruce Yeung | Getty Images Sport | Getty Images QVC, the owner … Read more
A sign outside of the Starbucks headquarters is seen at Starbucks Center on July 3, 2024 in Seattle, Washington. David Ryder | Getty Images More than a decade ago, Starbucks bought its first coffee farm, in Costa Rica. Now the coffee giant has added two more to its portfolio. The Seattle-based company said Thursday that … Read more
Denim-crazed consumers are turning to Levi Strauss & Co for new jeans, but the company’s overall business is being dragged down by its Dockers brand, which the company is now considering selling off, it announced Wednesday. Sales at Levi’s brand were up 5% during its fiscal third quarter — the biggest gain in two years … Read more
Zoom In IconArrows pointing outwards Costco continues to chip away at the gold mine that is the precious metals market. The wholesaler is adding Swiss-made platinum bars to its selection. Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars and silver coins. The bars … Read more
Michael Jordan, NBA Hall of Famer and co-owner of 23XI Racing looks on during the NASCAR Cup Series FireKeepers Casino 400 at Michigan International Speedway on August 18, 2024 in Brooklyn, Michigan. Logan Riely | Getty Images Michael Jordan’s NASCAR team, 23XI Racing, and fellow team Front Row Motorsports filed an antitrust lawsuit against NASCAR … Read more
The International Longshoremen’s Association (ILR), representing about 45,000 dockworkers, initiated its first large-scale strike in 47 years — disrupting supply chains ahead of the holiday shopping season. Walkouts at 36 ports along the East Coast and the Gulf Coast, spanning from Maine to Texas, began early Tuesday morning after negotiations failed to produce a new … Read more
Vice President Kamala Harris further positioned herself as a pro-cannabis candidate on Monday in an interview with sports and culture podcast “All the Smoke” — but industry leaders aren’t convinced her administration would lead to the reform she has promised. “I just think we have come to a point where we have to understand that … Read more
A logo of US company’s Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. Julien De Rosa | Afp | Getty Images A former Meta staffer who was placed on a “Do Not Hire” list after he stalked and harassed … Read more
An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas. Brandon Bell | Getty Images Nike will report quarterly earnings Tuesday as investors brace for another set of less-than-stellar results. The company announced in September that CEO John Donahoe would be stepping … Read more
